The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGILE THERAPEUTICS COM 00847L100 750 80,959 SH   SOLE   80,959 0 0
ALIMERA SCIENCES COM 016259103 5,285 1,054,809 SH   SOLE   1,054,809 0 0
AMICUS THERAPEUTICS COM 03152W109 21,374 1,964,565 SH   SOLE   1,964,565 0 0
ANGIODYNAMICS COM 03475V101 178 10,000 SH   SOLE   10,000 0 0
ASCENDIS PHARMA A S SPONS ADR 04351P101 3,966 228,612 SH   SOLE   228,612 0 0
AURINIA PHARMACEUTICALS COM 05156V102 1,875 430,000 SH   SOLE   430,000 0 0
AVEO PHARMACEUTICALS COM 053588109 861 593,872 SH   SOLE   593,872 0 0
AVID TECHNOLOGY COM 05367P100 1,502 100,818 SH   SOLE   100,818 0 0
BELLICUM PHARMACEUTICALS COM 079481107 1,019 43,986 SH   SOLE   43,986 0 0
BIOTELEMETRY COM 090672106 4,257 481,069 SH   SOLE   481,069 0 0
BUILD A BEAR WORKSHOP COM 120076104 2,948 150,000 SH   SOLE   150,000 0 0
CARDICA COM 14141R101 1,146 1,819,436 SH   SOLE   1,819,436 0 0
CARDIOME PHARMA COM NO PAR 14159U301 2,200 237,600 SH   SOLE   237,600 0 0
CAS MED SYS COM PAR $0.004 124769209 2,884 2,160,000 SH   SOLE   2,160,000 0 0
CEMPRA COM 15130J109 5,846 170,400 SH   SOLE   170,400 0 0
CERUS COM 157085101 417 100,000 SH   SOLE   100,000 0 0
CHEMBIO DIAGNOSTICS COM 163572209 590 146,099 SH   SOLE   146,099 0 0
COMBIMATRIX CORPORATION COM 20009T303 1,672 880,244 SH   SOLE   880,244 0 0
DISCOVERY LABORATORIES COM 254668403 468 393,148 SH   SOLE   393,148 0 0
DYAX CORP COM 26746E103 838 50,000 SH Call SOLE   0 0 0
EXELIXIS INC NOTE 4.25% 8/1 30161QAC8 4,167 5,474,000 PRN   SOLE   5,474,000 0 0
EXELIXIS INC COM 30161Q104 846 329,000 SH Call SOLE   0 0 0
FLEX PHARMA COM 33938A105 1,764 90,000 SH   SOLE   90,000 0 0
GENVEC COM 37246C307 456 154,508 SH   SOLE   154,508 0 0
HISTOGENICS COM 43358V109 1,231 123,249 SH   SOLE   123,249 0 0
IGNYTA COM 451731103 995 100,000 SH   SOLE   100,000 0 0
INNOCOLL AG SPONS ADR 45780Q103 1,307 164,459 SH   SOLE   164,459 0 0
INSMED COM PAR $.01 457669307 3,120 150,000 SH   SOLE   150,000 0 0
INSULET COM 45784P101 2,077 62,265 SH   SOLE   62,265 0 0
IRIDEX COM 462684101 2,515 235,517 SH   SOLE   235,517 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 2,487 20,000 SH Put SOLE   20,000 0 0
KINDRED BIOSCIENCES COM 494577109 536 75,000 SH   SOLE   75,000 0 0
LEMAITRE VASCULAR COM 525558201 3,907 466,279 SH   SOLE   466,279 0 0
LION BIOTECHNOLOGIES COM 53619R102 8,104 669,196 SH   SOLE   669,196 0 0
MARINUS PHARMACEUTICALS COM 56854Q101 325 36,107 SH   SOLE   36,107 0 0
MOL GLOBAL SPONS ADR 60845Q105 563 246,009 SH   SOLE   246,009 0 0
NEURODERM LTD ORD SHS M74231107 1,385 103,167 SH   SOLE   103,167 0 0
NIC COM 62914B100 1,010 57,143 SH   SOLE   57,143 0 0
NXSTAGE MEDICAL COM 67072V103 928 53,665 SH   SOLE   53,665 0 0
ORTHOFIX INTL N V COM N6748L102 2,153 60,000 SH   SOLE   60,000 0 0
OTONOMY COM 68906L105 707 20,000 SH   SOLE   20,000 0 0
OXFORD IMMUNOTEC GLOBAL PLC ORD SHS G6855A103 3,129 222,226 SH   SOLE   222,226 0 0
PERNIX THERAPEUTICS HLDGS COM 71426V108 3,742 350,000 SH   SOLE   350,000 0 0
RR MEDIA LTD SHS M8183P102 3,106 405,424 SH   SOLE   405,424 0 0
SAGE THERAPEUTICS COM 78667J108 402 8,000 SH   SOLE   8,000 0 0
SEMLER SCIENTIFIC COM 81684M104 403 115,148 SH   SOLE   115,148 0 0
SORRENTO THERAPEUTICS COM 83587F202 925 80,000 SH Call SOLE   0 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,064 10,000 SH Put SOLE   10,000 0 0
THERAPEUTICSMD COM 88338N107 114 18,915 SH   SOLE   18,915 0 0
ZAFGEN COM 98885E103 3,961 100,000 SH   SOLE   100,000 0 0
ZOSANO PHARMA COM 98979H103 222 21,956 SH   SOLE   21,956 0 0